Apartment Building in California
Listing Information
Apartment Building in California
Price: $1,299,000.00
Created: 08/30/2021
Category: Real Property > Commercial > Multi-tenant Residential Property
Sale Date: None Set
Debtor's Attorney
12121 Wilshire Blvd., Suite 1120
Los Angeles, CA 90025
424) 500-8551
Real Estate Location
Los Angeles, CA, 90028
Description
Sale of 4 unit apartment building located in Los Angeles, California. Amazing opportunity to own this 2 story 4 unit apartment building centrally located near 3rd and Union in the heart of Los Angeles. This gem is situated just a short distance from Echo Park and downtown L.A. You'll love the views of Downtown Los Angeles! This is a great opportunity to have a great building in your portfolio to later develop if wanted. This property has a tremendous potential given its R4 Zoning. No vacancies or late rents. Plenty of upside and low operating costs, one can collect rents while applying for permits and plans. Onsite parking spaces, ample parking for tenants. The complex has 3 2BR, 1BA apartments and one 3 BR, 2BA. Walking distance to retail areas, close proximity to Good Samaritan Hospital and New Academy of Science and Art, Gratts Elementary and Primary Schools, freeways, Staples Center, L.A. Live etc.
Features:
- Property Type: Apartment/Multifamily
- Building Size: 3,029 SF
- Lot Size: 5,602 SF
- Year Built: 1991
Additional Details
Last date to respond: 14 days from the date of service
Date of Service: August 27, 2021